NOT LISTED FOR SALE

Estimated Value: $73,000 - $86,000

3 Beds
1 Bath
1,400-1,599 Sq Ft
$51/Sq Ft Est. Value

Last Sold January 31, 2012

Last sale price $6,000 $4 Per Sq Ft

Est. 1,263% increase in value since last sale

Current estimated payment $458/month

79 Days on Market

Highlights

  • Traditional Architecture
  • Level Lot
  • 1-Story Property

About This Home

As of January 2012

3Br 1 bath investment property. Needs repairs & improvements. Sols As Is $1,000.00 earnest money (cashiers check) Bank commitment letter required (Proof of Funds) fax contract to 901-761-4716

Last Agent to Sell the Property

Tom Robinson

Cornerstone Real Estate, Inc. License #270144 Listed on: 11/09/2011

Last Buyer's Agent

Tom Robinson

Cornerstone Real Estate, Inc. License #270144 Listed on: 11/09/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $283

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,439 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • Union Villa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 062014 00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$283

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 752A
  • MAAR Subdivision Name: UNION VILLA
  • Number Of Stories: 1
  • Price Per Sq Ft: 4.17
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1439
  • Year Built: 1930
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 2
  • Acreage: 0.17
  • Lot Size: .17

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 062014 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2017
Sold by
Perfiormance Peroperties Llc
Bought by
Topstone Inv Mem 1 Llc
Total Days on Market
79
Current Estimated Value
$81,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 9, 2011
Closed on
Jan 18, 2012
Sold by
Lpp Mortgage Ltd
Bought by
Performance Properties Llc
Seller's Agent
Tom Robinson
Cornerstone Real Estate, Inc.
Buyer's Agent
Tom Robinson
Cornerstone Real Estate, Inc.
List Price
$19,900
Sold Price
$6,000
Premium/Discount to List
-$13,900
-69.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.63%

Purchase Details

Closed on
Oct 11, 2011
Sold by
Roberts Teresa G
Bought by
Lpp Mortgage Ltd

Purchase Details

Closed on
Nov 20, 2003
Sold by
Heidi Realty Inc
Bought by
Roberts Teresa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,900
Interest Rate
6.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 21, 2003
Sold by
Younger Dorothy L and Stone Charles
Bought by
Heidi Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,553
Interest Rate
12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 22, 1998
Sold by
Williams Shirley A
Bought by
Younger Dorothy L and Stone Jean P
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Topstone Inv Mem 1 Llc $10,000 Nexus Title & Escrow Llc
Performance Properties Llc $6,000 Saddle Creek Title
Lpp Mortgage Ltd $16,125 None Available
Roberts Teresa G $41,000 --
Heidi Realty Inc $22,500 --
Younger Dorothy L $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Topstone Inv Mem 1 Llc $925,000
Closed Topstone Inv Mem 1 Llc $40,000
Closed Topstone Inv Mem 1 Llc $13,000
Previous Owner Performance Properties Llc $13,250
Previous Owner Roberts Teresa G $36,900
Previous Owner Heidi Realty Inc $23,553
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2012 01/31/12 Sold $6,000 -69.8% $4 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
11/09/2011 11/09/11 For Sale $19,900 -- $14 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $283 $21,600 $2,500 $19,100
2024 $283 $8,350 $875 $7,475
2023 $509 $8,350 $875 $7,475
2022 $509 $8,350 $875 $7,475
2021 $515 $8,350 $875 $7,475
2020 $571 $7,875 $700 $7,175
2019 $571 $7,875 $700 $7,175
2018 $451 $6,225 $700 $5,525
2017 $256 $6,225 $700 $5,525
2016 $324 $7,425 $0 $0
2014 $324 $7,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3235796

Memphis Area Association of REALTORS®

APN: 06-2014-0-0017